Technip Wins Consultancy Contract for RAPID Project

By Joseph R. Fonseca
Friday, June 27, 2014

 

Technip, leader of a joint venture with Fluor, was awarded a substantial(1) Program Management Consultancy (PMC) contract by PETRONAS for the Refinery and Petrochemical Integrated Development (RAPID) project located in the state of Johor, Malaysia. The PMC contract will include overall project and site management of the RAPID project and provision of Project Management Services for specific EPCC Packages within RAPID throughout the pre-award, engineering and procurement, construction and commissioning as well as warranty management and close-out phases. 

PETRONAS’ RAPID project is a world-scale integrated refinery and petrochemical complex aiming to answer the growing need for differentiated and specialty chemicals and meet the future demand for petroleum and commodity petrochemical products in the Asia Pacific region. RAPID, expected to have a capacity of 300,000 barrels per standard day is part of the larger PETRONAS’ Pengerang Integrated Complex (PIC) project. RAPID will supply naphtha and liquid petroleum gas feedstock for the petrochemical part of the complex, as well as produce gasoline and diesel that meet European specifications. PIC will also see the development of a host of associated facilities i.e. the raw water supply facility, power co-generation plant, LNG regasification terminal and other ancillary facilities.

PIC is poised for its refinery start-up by early 2019. This PMC contract follows the front-end engineering design (FEED) that Technip was awarded in March 2012 for the RAPID project. It will be executed by Technip’s operating centre in Kuala Lumpur, Malaysia, and by Technip PMC(2).

Nello Uccelletti, President and COO Onshore/Offshore of Technip, said: “Alongside the context of growing demand for petrochemicals in the region, we are delighted to help PETRONAS seize opportunities, fuelled by this dynamic marketplace. This award confirms not only our leadership in the refining and petrochemical sectors, but also the successful start-up of Technip's new business unit dedicated to PMC. Leveraging our experience gained over several decades, including the management of large-scale projects, we have developed a comprehensive competency in project management and an experienced management team".

Lim Kwee Keong, President Asia Pacific of Technip, added: “We are proud of PETRONAS’ continued confidence in our expertise and capabilities, this contract being the second one in relation to the RAPID project. Technip will apply the best PMC practices and management skills, in order to help PETRONAS achieve its business objectives, while meeting safety, cost, schedule and quality targets.”

 

Maritime Today


The Maritime Industry's original and most viewed E-News Service

Maritime Reporter July 2016 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Contracts

Baltic Index Falls on Weak Freight Rates

The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, fell on Monday due to weaker rates across all segments, except handysizes.

As Market Sours, LPG Tankers Anchor off Singapore

Record U.S. LPG exports to Asia flip market into a glut. Last year, liquefied petroleum gas (LPG) supplied to Asia was being snapped up by petrochemical makers.

Eni Cancels Vessel Deal with Viking Supply Ships

Viking Supply Ships A/S (VSS) has received an early termination notice of the contract for the Ice-class 1A AHTS “Njord Viking”. The vessel has been working for

Finance

Funding Approved for Georgia’s New Inland Terminal

At its July board meeting, the Georgia Ports Authority (GPA) approved a spending package of $19.7 million to construct the Appalachian Regional Port in Chatsworth, Murray County, Ga.

Baltic Index Falls on Weak Freight Rates

The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, fell on Monday due to weaker rates across all segments, except handysizes.

As Market Sours, LPG Tankers Anchor off Singapore

Record U.S. LPG exports to Asia flip market into a glut. Last year, liquefied petroleum gas (LPG) supplied to Asia was being snapped up by petrochemical makers.

Energy

Los Angeles Pushes for Valero Terminal Improvements

The Port of Los Angeles has released an Initial Study/Notice of Preparation (IS/NOP) — the first step in the Environmental Impact Report (EIR) process — for a Marine

Canada Seek to contain Oil Spill

Authorities are building a new containment boom to fight an oil spill in a major western Canadian river, officials said on Saturday, after the spill breached a

Ecuador Pays $112 mln Award to Chevron

Ecuador has paid $112 million to energy company Chevron Corp over a four-decade-old contract dispute, even though it remains in disagreement, the head of the central bank has said.

News

Boeing 767 Shipped by Barge

MTS Statum completes marine towage of barge carrying Boeing 767 from Shannon Airport   Marine service provider Marine and Towage Services Group Ltd. (MTS) has

New Ferry MV Woods Hole Delivered

The newly built ferry M/V Woods Hole has been delivered to serve Woods Hole, Martha’s Vineyard and Nantucket.   Built by Conrad Industries of Morgan City, La.

New Details Emerge on Loss of USS Indianapolis

A Naval History and Heritage Command (NHHC) historian has recently uncovered information that sheds new light on the loss of the World War II cruiser USS Indianapolis (CA 35).

Consulting

RINA Closes Edif Group Acquisition

RINA S.p.A, the holding company of the multinational testing, inspection, certification and consulting engineering group based in Genoa, Italy, has announced that

CNO Visits Chinese North Sea Fleet

Chief of Naval Operations (CNO) Adm. John Richardson visited Chinese North Sea Fleet headquarters, July 20 to meet with fleet commander Vice Adm. Yuan Yubai. The

Fitch Affirms Adani Ports and SEZ at ‘BBB-‘

Adani Ports and Special Economic Zone Limited (APSEZ) today informed the Stock Exchanges that Fitch Ratings, Singapore has affirmed India-based APSEZ’s Long-Term

 
 
Maritime Contracts Maritime Security Maritime Standards Navigation Pod Propulsion Port Authority Salvage Shipbuilding / Vessel Construction Sonar Winch
rss | archive | history | articles | privacy | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.1039 sec (10 req/sec)